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Residents of cities in 12 states across the U.S. will have to celebrate the start of the weekend someplace other than TGI Fridays.
Casual restaurant chain TGI Fridays is closing 36 "underperforming" locations across the U.S. as part of a corporate growth strategy, the company said in a statement Wednesday.
The privately owned company will also sell eight corporate-owned restaurants to TGI Fridays' former CEO Ray Blanchette, who had served as chief executive until last year, the company said.
Some employees at affected restaurants will have the opportunity to move to roles at other locations. The chain said more than 1,000 workers, or more than 80% of employees working at restaurants that are closing, will be offered transfer opportunities.
Roughly 1,250 workers will be affected by the restaurant closures, which are concentrated in Massachusetts, New Jersey, New York, Texas and Virginia.
"Our top priority has always been delivering a superior experience for each and every TGI Fridays guest, and we've identified opportunities to optimize and streamline our operations to ensure we are best positioned to meet – and exceed – on that brand promise," Ray Risley, U.S. President and Chief Operating Officer at TGI Fridays said in a statement. "By strengthening our franchise model and closing underperforming stores, we are creating an unprecedented opportunity for Fridays to drive forward its vision for the future."
The sudden move follows a recent corporate shake-up at the casual bar and grill chain, including the appointment of Weldon Spangler to CEO following Blanchette's departure in May.
Below is a list provided by the company to CBS MoneyWatch detailing all the TGI Fridays locations where restaurants will close:
Fresno, California
Denver, Colorado
Longmont, Colorado
Newington, Connecticut
Ormond Beach, Florida
Royal Palm, Florida
Bowie, Maryland
Columbia, Maryland
Berlin/Marlborough, Massachusetts
Danvers, Massachusetts
Dedham, Massachusetts
Mansfield, Massachusetts
North Attleboro, Massachusetts
Seekonik, Massachusetts
Amherst, New Hampshire
Albany, New Jersey
Eatontown, New Jersey
Hackensack, New Jersey
Iselin/Woodbridge, New Jersey
Marlton/Evesham, New Jersey
Princeton, New Jersey
Springfield, New Jersey
Wayne Town Center, New Jersey
Bay Shore, New York
Hauppauge, New York
Massapequa, New York
Woodbury Township, New York
Willow Grove, Pennsylvania
Corpus Christi, Texas
Houston Almeda, Texas
North Arlington, Texas
The Woodlands, Texas
Fredericksburg, Virginia
Manassas, Virginia
Springfield, Virginia
Woodbridge/Potomac Mills, Virginia